Việt Nam is expected to become the fifth-largest coal importer globally by 2024, driven strong electricity demand and a shortage of hydropower.

August 1, 2020, marked a significant milestone for Vietnam and the European Union (EU) as the EU-Vietnam Free Trade Agreement (EVFTA) came into effect. Four years on, Vietnam stands tall as the leading ASEAN exporter to the EU, reaping the benefits of a thriving economic partnership that has spurred economic growth, job creation, and consumer access to premium European products.

In particular, it will apply to hot-rolled coils with a thickness of 1.2-25.4 mm and a width of no more than 1880 mm

The United States is viewed as both the market with the most trade defence investigations into Vietnamese exports and the country with the most trade defence investigations into members of the World Trade Organization (WTO) with many other markets.

With export earnings of more than US$189.5 in the first 6 months of 2024, up 14.2% over the same period in 2023, the Ministry of Industry and Trade forecasts that exports will continue to grow positively in the second half of 2024.

To reach environmental and climate goals, the EU has imposed the ESPR (Ecodesign for Sustainable Products Regulation), commencing July 18, 2024, which is expected to have an impact on Vietnam’s key export products to the EU.

Vietnam recorded a trade surplus of 14.08 billion USD in the first seven months of this year, the General Statistics Office announced on July 29.

Vietnam's shrimp exports grew in the first half of this year, but the market is facing competition from other countries in the world.